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EV push faces upstream challenges
A US administration focused on climate change and a British host eager to plug its green credentials will lead to a sharp focus on vehicle electrification at this year's G7 summit, but big promises will require significant upstream investment in metals supply chains if they are to take root and extend beyond headlines.
read more... 14/06/2021
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G7 pledges to end support for unabated coal by end of 2021
G7 leaders committed June 13 to end new direct government support for unabated international thermal coal power generation by the end of 2021.
read more... 14/06/2021
Daily (11.06.2021): British gas prices continued to rise amid a short system and carbon optimism
Oil prices rallied on Thursday after OPEC released an upbeat monthly report, showing that the recovery in global economic growth and oil demand is expected to accelerate in the second half of the year. In this context, Brent crude edged 0.4% higher at $72.52 a barrel, while the American WTI crude closed 0.5% up at $70.29 a barrel, or their highest levels since 2019 and October 2018 respectively.
read more... 11/06/2021
Italy aims to generate over $1.2B in investments for gigafactory
Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric-car battery factory with automaker Stellantis expected to play a leading role, three government sources told Reuters.
read more... 11/06/2021
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Commissioning work to fill first Nord Stream 2 gas string to begin June 11
Commissioning work to fill the first string of the Nord Stream 2 pipeline from Russia to Germany with gas is to begin on June 11, the developer of the project said June 10.
read more... 11/06/2021